High metaverse game Sandbox is launching its land sale at the moment, which options high manufacturers and celebrities. The supply is the primary in what shall be a three-part LAND sale. And can see collaborations with common manufacturers similar to Tony Hawk, Playboy, and Snoop Dogg.
Sandbox is among the first platforms to take a crack on the metaverse by creating interactive areas. It’s based mostly on the Ethereum blockchain and shares similarities with high video games like Roblox and Minecraft.
Nevertheless, Sandbox leverages blockchain know-how to permit customers to assert possession of in-game belongings by NFTs. Additionally, they’ll commerce the digital land on high NFT marketplaces similar to OpenSea.
In the present day’s sale will see the auctioning of 1,967 LANDs, comprising 50 estates, 695 common LANDs, 134 premium LANDs, and 19 1-of-1 items of LAND. Simply because it’s the case with bodily estates, the Sandbox estates include a number of parcels bundled collectively.
Talking to Decrypt, the platform revealed that the usual and premium LAND gross sales could be allotted through a blind poll system.
LAND serves because the constructing block of Sandbox. It’s parcels of digital land the place NFTs observe possession. Customers of the platform should purchase these parcels and use the area to host experiences. Additionally, they’ll commerce the items of land on marketplaces.
At the moment, Sandbox has 166,464 LANDs, every going for 1.119 ETH.
In the present day’s sale is dubbed “California Dreaming” and represents “California-themed manufacturers similar to Playboy and The Marathon.” The opposite two gross sales will function different themes too and can happen someday in early 2023.
That stated, this sale marks the primary time Sandbox has collaborated with a number of manufacturers for a single LAND sale.
Sebastien Borget, co-founder and COO of Sandbox, notes that “by together with a number of manufacturers that share an identical theme, just like the California manufacturers of California Dreamin’, […] customers now have the prospect to be neighbors of a number of companions that share an identical theme, like selecting the district you wish to reside in for a metropolis.”
To take part within the sale, you will have to have no less than 1,011 SAND in your pockets, at present price about $520. And customers should purchase just one asset a system meant to democratize the distribution of belongings.